Gold Silver Prices Take A Nap – Neal Bhai Reports

सोना

Gold Silver Reports – Gold Silver Prices Take A Nap – Neal Bhai Reports – New York (Dec 21) After suffering some heavy selling the last few weeks and making five-month lows, gold and silver seem to have fallen asleep the last few days. Although both have rallied off the bottoms, their volume, volatility and daily trading ranges have narrowed to almost nothing — like the markets are not open.

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U.S. Jobless Claims Rise by Most Since Storms to Five-Week High

US Credit Rating

Gold Silver Reports – U.S. Jobless Claims Rise by Most Since Storms to Five-Week High – U.S. filings for unemployment benefits jumped to the highest in five weeks, though the level remained low by historical standards, Labor Department figures showed Thursday. 

Key Takeaways 

The latest period encompasses the reporting week that the Labor Department surveys for its monthly employment figures, which includes the 12th of the month. The four-week average is still below its 240,000 level for the previous survey week in November.  

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Crude Oil MCX Locked in Sideways Range Between 3630—3758

Crude oil

Gold Silver Reports – Crude Oil MCX Locked in Sideways Range Between 3630—3758 – Crude Oil on MCX settled up 0.49% at 3716 rose as the dollar index declined for the third consecutive session, following an array of data from the US, the world’s largest energy consumer, including the EIA inventory report, and ahead of the final Congress vote on the massive US tax reform bill.

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Silver MCX Buy on Dips, Silver Trading Zone between 37210—37970

MCX Silver Under Selling Zone, Below ₹ 39700— ₹ 39900, Strong Support ₹ 39180

Gold Silver Reports – Silver MCX Buy on Dips, Silver Trading Zone between 37210—37970 – Silver on MCX settled up 0.68% at 37646 amid ongoing dollar weakness as House Republicans prepared to re-vote on the tax bill following a technical snafu. The dollar index slipped for the third consecutive session, following a basket of data from the US, the world’s largest economy, and ahead of the final Congress vote on the massive US tax reform bill.

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